Business Analyst

Momentum Financial Services Group; Toronto; On-site; CAD 90,000 - 100,000; Full time

Job summary

Momentum Financial Services Group is seeking a Business Analyst in Toronto. The successful candidate will bridge business needs with technical solutions, supporting various projects and improving processes. The role requires a strong background in financial services, excellent analytical skills, and a collaborative spirit. This is a full-time position aimed at experienced professionals eager to make a meaningful impact.

Qualifications

• 3-5 years of experience as a Business Analyst in financial services.
• Certified Business Analyst Professional or equivalent is preferred.
• Experience in Agile and Waterfall project environments.

Responsibilities

• Gather and document detailed business and functional requirements.
• Conduct process analysis to recommend optimized solutions.
• Support user acceptance testing and ensure stakeholder alignment.

Skills

Analytical skills

Problem-solving

Communication

Organizational skills

Education

Bachelor's degree in Business Administration

Bachelor's degree in Finance

Bachelor's degree in Information Technology

Tools

Azure DevOps

Jira

Confluence

Visio

Power BI

Job description

Join to apply for the Business Analyst role at Momentum Financial Services Group

Join to apply for the Business Analyst role at Momentum Financial Services Group

Get AI-powered advice on this job and more exclusive features.

Momentum Financial Services is a leading provider of financial services in North America. For 40 years, we've been committed to providing financial solutions that meet the evolving needs of consumers and business owners. Through our retail network of over 400 locations, known as Moneymart, Insta Cheques and the Cheque Cashing store, we provide access to cash and related products to help our customers achieve their goals.

Our highly skilled workforce puts customers first in everything we do. We serve 2 million people annually with diverse and innovative financial products such as loans, cheque cashing, money transfer and prepaid cards. Through this ever-evolving suite of services, we empower customers to manage their finances and improve their lives. Wherever customers are on their financial journey, Momentum Financial Services Group provides solutions.

GENERAL FUNCTION

Reporting into the Director Project Management Office (PMO), the Business Analyst will be responsible for gathering, analyzing and documenting business requirements to support key projects and initiatives. The successful candidate will act as a bridge between business stakeholders and technical teams ensuring that business needs are accurately translated into functional and technical solutions. This role will also play a crucial part in supporting process improvements and data analysis to align with the organization's business objectives.

DUTIES / RESPONSIBILITIES

• Collaborate with business stakeholders to gather and document detailed business and functional requirements for projects and initiatives.
• Conduct process analysis and identify areas for improvement; recommend optimized solutions that align with business objectives.
• Collaborate with cross-functional teams—including IT, Finance, Operations, and Product Management—to define project scope, gather requirements, and support delivery of key initiatives.
• Perform gap analysis between current and future state business processes and systems.
• Create and maintain comprehensive documentation such as business requirements, functional requirement specifications, process maps and user stories.
• Utilize data analysis to identify trends, measure project impact and provide insights for business decision-making.
• Support the development and execution of user acceptance testing (UAT) by defining test cases, validating results, and ensuring stakeholder alignment.
• Serve as a liaison between technical teams and business stakeholders to promote seamless communication and alignment on project goals.
• Assist in change management efforts, ensuring smooth adoption of new processes, systems, and tools.
• Monitor and communicate project risks and dependencies; ensuring transparency with stakeholders and leadership.

EDUCATION

• Bachelor's degree in Business Administration, Finance, Information Technology, or a related field.
• Certified Business Analyst Professional or equivalent certification is preferred.

EXPERIENCE

• Minimum of 3-5 years of experience as a Business Analyst in the financial services industry.
• Experience working in Agile and Waterfall project environments, with familiarity in methodologies such as Scrum
• Experience using business analysis tools such as Azure DevOps, Jira, Confluence, Visio, or Power BI.
• Hands-on experience in data analysis, reporting, and financial modeling.

SKILLS

• Strong analytical and problem-solving skills with the ability to translate complex business needs into actionable requirements.
• Excellent written and verbal communication skills with the ability to effectively engage stakeholders at all levels of the organization
• Detail-oriented, highly organized, and capable of managing multiple initiatives simultaneously.
• Ability to work independently and as part of a cross-functional team in a fast-paced environment.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and business intelligence tools such as Power BI or Tableau.
• Strong understanding of financial services products, processes, and industry regulations.
• Proficient in conducting business process modeling and gap analysis
• Experience in change management and stakeholder engagement to support seamless business transitions.
• Ability to facilitate workshops, interviews and discussions to elicit business and technical requirements.

Additional Information

All your information will be kept confidential according to EEO guidelines.

• Notice to Ontario Applicants – Momentum Financial Services Group is committed to accommodating applicants with disabilities up to the point of undue hardship during the recruitment, assessment, and selection process. If you are selected for an interview, please notify Momentum Financial Services Group if you require accommodation in respect of the materials or procedures used at any time during this process. If you require accommodation, we will work with you to determine how to meet your needs.

Note to Internal Applicants : All internal applicants are required to notify current manager regarding interest in applying for this role.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Research, Analyst, and Information Technology

Referrals increase your chances of interviewing at Momentum Financial Services Group by 2x

Get notified about new Business Analyst jobs in Toronto, Ontario, Canada .

Business Analyst - Toronto Pearson Airport

Business Analyst (Intermediate) 8733-0611

Business Analyst, Risk Reduction and Strategic Execution

Toronto, Ontario, Canada $90,000.00-$100,000.00 1 month ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.